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Greenland — GDP per capita

GDP per Capita (Nominal) for Greenland, 1970–2023.

Latest value · 2023
58,499
GDP per Capita (Nominal) · current US$ · +3804.4% since 1970

GDP per capita for Greenland was 58,499 in 2023, according to the latest World Bank data. The series covers 54 years, from 1970 to 2023. The latest year is also the highest value on record for this series. The lowest was 1,498 in 1970 (about 39.0× the low point). Across that span the compound annual growth rate works out to 7.16% per year.

Greenland ranks 26 of 212 economies on this measure (1 = highest), putting it in the top 12%. The median for Europe & Central Asia is 32,959, so Greenland sits above it. Over the last decade (2013–2023) the figure moved up 23%.

Key figures

Latest (2023)
58,499
First (1970)
1,498
Change
+3804.4%
Highest
58,499
in 2023
Lowest
1,498
in 1970
Average
25,421
Annual growth (CAGR)
7.16%
Years of data
54

Recent years

Yearcurrent US$
202358,498.97
202255,635
202158,135.99
202054,812.67
201953,309.2
201854,545.14
201750,765.75
201648,181.75
201544,536.35
201450,485.22
201347,535.49
201245,936.96
Reading this correctly. Nominal GDP divided by midyear population. A rough proxy for average income; it does not account for income distribution. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator NY.GDP.PCAP.CD — GDP per Capita (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.